May Outlook: Maydays

07 May May Outlook: Maydays

With the House and Senate currently planned to be in session for just 55 total days before the August recess (and the House is scheduled to be in only 40 of those days), Congress comes back this week for another three-week work period before recessing the last week of the month for Memorial Day. On the Hill, among other items, we expect to see the appropriations process ramp up as well as potentially seeing financial services regulatory reform cross the finish line to the President’s desk. May also marks the real start of the primary season, with eleven states holding elections throughout the month. These and other topics are highlighted below as we preview what we believe to be the focus in Congress this month, subject as always to external or unexpected events that could disrupt the expected schedule.